Deep-pocketed investors have adopted a bearish approach towards ASML Holding ( ASML ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ASML ( ASML ) usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 183 extraordinary options activities for ASML Holding ( ASML ). This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 46% bearish. Among these notable options, 75 are puts, totaling $6,644,510, and 108 are calls, amounting to $5,503,935.
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $330.0 and $1170.0 for ASML Holding ( ASML ), spanning the last three months.
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in ASML Holding's ( ASML ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to ASML Holding's ( ASML ) substantial trades, within a strike price spectrum from $330.0 to $1170.0 over the preceding 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PUT | TRADE | NEUTRAL | 271 | 102 | |||||||
| CALL | TRADE | BEARISH | 116 | 0 | |||||||
| PUT | SWEEP | NEUTRAL | 97 | 155 | |||||||
| PUT | SWEEP | BULLISH | 117 | 30 | |||||||
| CALL | SWEEP | BULLISH | 371 | 177 |
ASML ( ASML ) is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photo mask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same area of silicon, with lithography historically representing a high portion of the cost of making cutting-edge chips. ASML ( ASML ) outsources the manufacturing of most of its parts, acting like an assembler. ASML's ( ASML ) main clients are TSMC, Samsung, and Intel.
Following our analysis of the options activities associated with ASML Holding ( ASML ), we pivot to a closer look at the company's own performance.
Trading volume stands at 1,682,672, with ASML's ( ASML ) price down by -1.57%, positioned at $711.92.
RSI indicators show the stock to be may be approaching oversold.
Earnings announcement expected in 93 days.
5 market experts have recently issued ratings for this stock, with a consensus target price of $992.0.
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* Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $1148.
* An analyst from JP Morgan has decided to maintain their Overweight rating on ASML Holding ( ASML ), which currently sits at a price target of $1207.
* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $790.
* An analyst from Bernstein persists with their Outperform rating on ASML Holding ( ASML ), maintaining a target price of $815.
* Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on ASML Holding ( ASML ) with a target price of $1000.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest ASML Holding ( ASML ) options trades with real-time alerts from Benzinga Pro.